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obama. john sununu is addition you know, he's not speaking for the republican party. ted nugent, he's very entertaining and downright racist in some of the things he says. >> if you like that kind of thing. >> i guarantee you, they're not going to be standing at the speaker's podium in 2016. the party moving beyond those characters. >> i hope you're right. mitt romney, whom you've just written about is seclusion in retail therapy. the man who told us i love cars, american automobiles who bought himself a foreign car audi, built in slovakia, owned byç a germany company. the capital of slovakia is quite aways away from detroit. is this is finally the real romney, the one he promised to give us and now we're seeing? >> but he took his audi to costco and loaded up with cheap merchandise. >> sorry sdmroop. >> so he is a man of the people driving his luxury suv to the discount chain. >> come o dana, he spends the whole campaign saying, i love america, implying the president doesn't. and the first thing he does is buy himself a german automobile. >> well, first he moved out to this wealt
the democratic process. the republican numbers went down much more than barack obama's did last year. i think they have to be careful about what they are doing here. >> i think the reason simon doesn't like it is because it gives the republicans leverage to force the president to deal with the debt. the president has as much chance of succeeding as you have of getting john bolton to cry on your show. megyn: i think i can do it. a challenge? >> i bet you can. in the last 27 years, every significant debt reduction bill that passed starting with graham rosen has been linked to a debt limit increase. this is the only tool in washington that forces both sides to do something about the debt and spendersing. so republicans aren't going to give this up because it's the only tool they have in this political situation to stop the president from going forward. and the reality is last year speaker boehner set an important resident. it's called the boehner rule. one dollar in spending increase for one dollar for debt limit increase. you balance the budge net 10 years without raising taxes. the republicans
executives in washington, president obama said republicans' aid to examine the reality that tax rates will rise for the wealthiest americans. >> we have seen some movement in the last several days with some republicans. there has been a recognition that, maybe, they can accept some rate increases as long as is combined with a serious impediment reform and additional spending cuts. and if we can get the leadership on the republican side to take that kramer, to acknowledge that reality, then the numbers are actually not that far apart. another way of putting this is, we could probably solve this in about one week. it is not that tough. >> new details have been revealed in the retail giant kermit factory where 120 dacre workers died in a fire last month. "the new york times" is reporting that wal-mart played a key role in blocking the improvement of safety features at the bangladeshi factory. one representative helped quash a proposal that would help to improve safety investments, calling them not financially feasible. documents found at the fire scene also show five of the factory's 14
when he explained the arithmetic of what obama inherited. >> in tampa the republican argument against the president's re-election was pretty simple, pretty snappy. it went something like this. we left him a total mess. he hadn't cleaned it up fast enough. so fire him and put us back in. when president barack obama took office, the economy was in free fall. it had just shrunk nine full percent of gdp. we were losing 750,000 jobs a month. are we doing better than that today? the answer to that is yes. >> david, i don't know you at all but i have to tell you, who would you rather have make your case to st. peter than this guy, bill clinton? this guy can sell. what did you think of the impact of his convention address. >> part of that was set up by the fact -- i thought it was an unfortunate statement by republicans, were you better off than you were four years ago? you couldn't have picked a more unfortunate contrast. ultimately by setting it up as a contrast to four years ago created an opportunity for clinton to deliver that speech. again, i want to go back for the opportunity here tha
's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over the fiscal cliff, the republicans are prepared to make the entire middle class to pay more tax to save 2% of the wealthiest americans paying a little bit more. and that's a very bad position for the republicans to find themselves in, isn't it? >> it certainly is. it's a very bad position for them to find themselves in. the fact of the matter, it isn't true. raising taxes on the wealthiest americans will not only solve the problems. it doesn't even address the core problems. the core problems, $16 trillion in national debt comes from government overspending. and we have sluggish growth. raising the taxes on anybody, whether it's the poor or the middle class or the wealthiest americans, doesn't solve that problem. and that's my point of frustration. let's figure out what the key problems are and solve those, instead of having the rhetoric and say we need more revenue. i gave the analogy, of giving a kid an allowance,
are were the right ideas. >> what can republicans learn from the obama campaign? >> whoever has the high ground on technology is going to win both warfare and politics and we can't allow that to happen again. one lesson is you want to make sure from a perspective you are communicating your message to people and ensuring not only they are supporters but also voters. >> how do you regain the technological high ground? >> investing in it. it's there and can be done. the technology of 2012 was amazing and 2016 is indescribable. has to be invested in and priority. the chairman inherited a party that had financial problems and got the party out of a financial hole which didn't create a lot of time and space. part of what we need to do. you need to have a marketing department but you need to have a good production department. you need to have good policy that you are selling and state of the art methods. >> you personally tweet? >> i try to. but no one has ever sent a tweet on my behalf. i control my own twitter feed because it is authentic and it is about hip-hop and sports. >> you are a dolph
to the president. so far president obama and republicans and not able work out a budget compromise. they appear to be getting closer and how much to cut from the federal budget and how much tax revenue to raise. at the same time we're here from house democrats that the deal may not be done by christmas. >> and world news north korea's launch of a long- range rocket and satellite is sparking international outrage this morning. the white house is calling the launch " a highly provocative act that threatens regional security on " south korean and japanese officials think the launch is a cover for the test of the ban ballistic missile. japan filed a strong protest with north korea and is looking to the united nations security council for consultations on the launch. the associated press is reporting that an undermanned american space experts as the rocket launch put a satellite into orbit. >> the united states is following france and the united kingdom and recognizing the new syrian opposition coalition as the " sole legitimate representative of " of the syrian people. the recognition comes as the
for president instead. as a republican against president obama in this past election election. and it's all on tape. this is se lashs almost to the point. we're talking about general petraeus. long-time republican, possible contender, the man who just resigned from running the cia in a sex scandal we still don't understand. here he is on tape talking about how he will have the fox news chairman run his campaign and the owner of fox news will bankroll his campaign and he raises the issue of his wife. there's a certain level of interest in this new tape because of who is on it. beyond that, there's the media factor. here's the fox news channel trying to recruit a presidential candidate for the republican party. the fox news chairman telling bob woodward once he was reporting on this, "i thought the republican field in the primaries needed to be shaken up and petraeus might be a good candidate." he said that on the record. after being caught doing it on tape. which means the fox news channel seriously is not like anything news. they officially are just a media arm of the republican party. they
approach. >> something a little strange. republican lawmakers dealing directly with president obama. you never hear them say we want to sit down with democratic lawmakers and hammer out a deal. why is that? >> at this point it appears that the democrats and president are on the same page. there is sort of this strain within republicans, especially between those in the house and the senate over the right approach. they do want to sit down and meet directly with the president and the last indications we got is that there's nothing going on in terms of negotiations while the white house says that the conversations continue, gop aides say saying that there's no phone calls, e-mailing, nothing between them. i think it's a little hard to see how you move this ball forward if the two sides are not negotiating face-to-face. we'll see if the ball can get moved. >> who needs twitter or facebook or a telephone call when you have television? because that's how they seem to be -- >> reporter: you can just walk down the street? >> yes. exactly. >> reporter: dan both general, reporting live from the wh
, closing loopholes and not raising rates. >> right. basically the republicans came up with what obama said in 2011. he wanted, there was discussion dealing with $1.2 trillion and he said we don't have to increase tax rates. we can close loopholes. we can cap deductions. that is what the republicans are offering. but right now defend again i think democrats are bent on increasing taxes and if woe don't avert the fiscal cliff, i believe republicans will take the hit politically. jon: the president in september of 2011 said, you know, in his principles for tax reform, lower tax rates, the tax system should be simplified and work for all americans with lower individual and corporate rates and fewer brackets. now it sounds like exactly what the republican side has offered here? >> it is. what they're offering but basically to reach a comprehensive deal so we can put this debt on a downward turn, and actually create a stronger economy. both sides, the democrats and republicans are going to have to give a little bit now. republicans might have to give in to some type of tax increase but president
years and it would butt a lot of pressure on obama. that is part of the problem the republicans have, they are working in a climate, whatever they propose, the idea is that what they are proposing is ridiculous and extreme gets a lot more oxygen than i think it deserves. jon: jonah goldberg who writes for usa today, thank you. jenna: they disappeared five months ago. now what could be a tragic development in the search for these missing cousins. we'll tell but that. plus, we turn back to the economy. milt tone freidman was a nobel peace prize winning economist, world famous. in light of the fiscal cliff hanger we are asking, what would milton do? the answer would surprise you. it's next. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios jon: right now, new information on crime stories we are watching. authorities in iowa working to identify remains discovered in woods in evans dale yesterday. authorities believe they are the bodies of two young cousins, an 11-yea
the atableggers motivation is still unknown. claim raised further questions from republicans about the obama administration's singular focus on the anti-islam video. >> why did you hone in on just that part and focus in on just that part for so long rather than just say this isn't a black and white issue as general clapper said today. >> one of those motivations may very well be either the video or the response to the video in cairo and certainly that can't be ruled out. >> fox news has also confirmed that the decision to shut down the cia annex happened in the early morning hours of september 12th after the annex took indirect fire from two mortars. while the annex was cleared of classified information and equipment, in less than 10 hours to this day the consulate, which is less than a mile away has never been secured, harris. >> catherine herridge, thank you very much. >> you are welcome. >> we massive battle on the streets of capital today right outside the presidential palace. people said to be hitting each other with stick and stones and fire bombs. can you see that yourself. dozens rep
. >> the fiscal cliff crisis and president obama saying it could all be over in a week if republicans would get on board with his plan. of course, republicans argue he is the one refusing to budge. jut more bickering as we get closer and closer to a potential economic disaster. by now you likely know that the fiscal cliff is a series of spending cuts and expiring tax credits set to take effect in 27 days. today the president made the case to a group of top business leaders. his plan calls for a higher tax rate on earned income exceeding $250,000 and republicans say that would be a job killer. though are pushing for raise revenue by closing tax loopholes and deductions, something that the president says would not raise enough cash. wendell is live with more on the white house. how much much revenue would the president's plan raise by raising the tax rates for high earners? >> about $1 trillion the next 10 years from the rate increase. that is just part of a package that also includes limits on deductions and tax credits and aims to pull in a total of $1.6 trillion. republicans want to keep tax r
the republic; such as, world war ii. >> but obama's overreach is one thing and whether the republicans can use the debt ceiling when it come up in february or march, when it comes up. that is another thing they are divided on. that is another area republicans take a big beating. >> bret: republican wants it done before the fiscal cliff. >> i think they want to separate it out. >> let me add in here, judge, to your point that no congress has ever used the fiscal cliff. usual through debt ceiling as a bargaining point, which is what happened last year. this never dealt with. >> what would happen if the congress said no? the president would be forced to operate the federal government in money available to him. >> nobody said that to ronald reagan or the first george busher second george bush. >> democrats voted against raising the debt ceiling. >> but nobody has ever, ever stopped it and made it a point of then fiscal negotiation. only happened once. >> we have never been in treacherous, perilous fiscal circumstances as today. >> bret: top senate republican calling it quits was here on the set wi
driven, results oriented. they are looking for compromise in washington. is it a pro-obama group or republican? it is really its own group. host: who are some of the names people might recognize, the ceo's of which companies? guest: the efforts the white house has made this year is much larger and much more effective than it was last year. they are bringing in more people with business ford but with a lot of other organizations as well. the president spoke with financial services leaders and has brought in two groups of big-name ceos. -- the president has spoken with business forward. of out of 10 per ceo's small companies. -- tend to be ceo's of small companies. smaller investors, smaller business owners. host: what are the members concerns with the fiscal cliff stocks? guest: for most small-business owners and senior executives at big companies, the fear is that going over the cliff, even on a technical term, will increase their borrowing costs and will put our economic recovery at risk. most business leaders point to simpson-bowles. they understand that we have to raise reven
. it does not look like obama is ready to cave. if that forces republican leaders to compromise staunch conservatives will likely rebel. more "bill press" up after the break. we will be right back. exciting issue. from financial regulation, iran getting a nuclear bomb, civil war in syria, fraud on wall street, destruction of medicare and medicaid. there are real issues here. having been a governor, i know that trade-offs are tough. things everyday exploding around the world that leave no shortage for exciting conversations. i want our viewer to understand why things have happened. at the end of the show, you know what has happened, why its happened and more importantly, what's going to happen tomorrow. at cepacol we've heard people are going to extremes to relieve their sore throats. oh, okay, you don't need to do that. but i don't want any more of the usual lozenges and i want new cooling relief! ugh. how do you feel? now i'm cold. hmm. this is a better choice. new cepacol sensations cools instantly, and has an active ingredient that stays with you long after the lozenge is
to look ahead to a senate without jim demint and whether some republicans will side with president obama in this fight over raising taxes on the rich. ♪ [ female announcer ] holiday cookies are a big job. everything has to be just right. perfection is in the details. ♪ get to holiday fun faster with pillsbury cookie dough. get to holiday fun faster swithout shriners hospitals,he things i'm able to do. my life would be completely different. when i was seven, we found out i had scoliosis. everything changed when they stepped in. it was like they gave me my future back. tori's life is one of nearly a million changed by donations from people like you. send your love to the rescue. donate today. >>> let's discuss what we just heard in our strategy session. joining us three cnn contributors, democratic strategist donna brazile, erick erickson, editor and chief of conservative blog redstate,.com. and david frum, a former bush white house speech writer now contributing editor at the daily beast and newsweek. guys, thanks very much. erick, you know jim demint. were you surprised by his announ
faith? 56% thought obama and democrats would. only 43% thought the republicans would. will the president not act in good faith? 38% thought president wouldn't act in good faith. 51% thought republicans wouldn't act in good faith. but if there's no deal and the country goes over that fiscal cliff, taxes go up for everyone, mandatory spending cuts go into effect, a lot of folks are going to say where was the president? he was just re-elected. why couldn't he put together a package, a deal to avoid this disaster? >> i think this is a question of political leadership. and as that poll showed, there's no doubt that the president has the political advantage going into this. but at some point, and i think we're kind of getting close to it, the president has to be able to pivot and to say how do i turn this political advantage into a real policy accomplishment? and, wolf, i don't think you're going to do that with continued campaign style events like we just saw meeting with middle class families. okay. we get that. that occurred during the campaign. the white house has clearly gotten its messag
people? and you have this divide between -- i think a strong ideological position on the republican side, not rates, and somewhat ideological, somewhat practical position on the obama side saying we can't get to $1.6 trillion without doing rates. now, we're not going to get to $1.6 trillion, so it becomes academic. >> can we get to $1.2 trillion where i think and others think we're going to end up without raising the rates? >> you can do it mathematically. it works. you can write laws that do it. the question you have to say to yourself, do you want to start eliminating charitable deductions for state and local taxes, for charitable, for health care, even, for retirement funds? in other words, do you really want to turn people's behavior kind of inside-out almost overnight by changing the way taxes work so quickly? >> mark, you're as plugged in as anybody in washington right now. are these guys talking to each other in a real, meaningful way? i know they put out the information that the president talked to john boehner yet, but are there real behind-the-scenes intense negotiations as we'
on with this fiscal cliff. it's time to pay. it's not the republican party's fault. obama has been in office four years. he has doubled to the trillions of dollars in debt. host: are you a tea party supporter? caller: i'm not affiliated with the tea party, but i am tired of hearing them blame it, because i see the hard-working generation that are in their 60s that paid in and they are saying enough is enough, we are tired of you taking it out of our wallets. we are tired of crazy liberal laws being shoved down our throats. our rights are being taken away from us day after day and we are like zombies in this country. host: sumter, south carolina, william, a democrat. we're listening to your thoughts this morning on open phones. caller: i am a new listener and a veteran. i am trying to figure out what's going on. when people see that the fiscal cliff and all this other stuff i am trying to understand, how it came about, it was from all the money being spent on war. and i wanted to mention about the veterans. we are the backbone of this country in a sense. that's what they need to focus on more. hos
44 branches. we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax cuts for people earning up to $250,000 per year
a few votes in the republican party prevent it from passing the senate that is supposed to be a batian of reason. you worked in the obama white house, does it shock you when lindsey graham stands up and votes against this. he's somewhat a respected member of the senate. >> nothing shocks me any more. the republican party has been moving away from disability for some time. when you look at other things that the congress has focused on medicaid, healthcare, the affordable care act, even looking at what's going on with the fiscal cliff right? are we going to balance our budget by lessoning lessening the support to those with disability or focus on those at the top 1%. this trend is ongoing and i hope it doesn't continue. the bipartisan tradition around disability is longstanding, and i think it's mourn. it's one of those few issues that traditionally both republicans and democrats can agree on, and i hope we can get back to that point. a lot of work need to be done in the republican party for us to get there. >> eliot: your point is so well taken. there should be no disagreement about ext
on whether president obama had the authority to make the recess appointments he did last year. justice correspondent pete williams. so, pete, what happened was basically the white house didn't view the senate as in recess though republicans were doing the same gig. >> reporter: the question here legally, is the senate in recess. the obama administration says, no. the sessions are a sham. they last less than a minute. the congress or the senate when it decided to do this passed an order saying that no business would be conducted during these pro forma sessions. what are more do you need? the senate says we'll decide whether we're in recess or not and we say we're not, and not only that in the early part of the recess from december of last year to january of this year, the senate actually passed an extension to the payroll tax cut. so is the senate in recess or not? and this is it either going to go to the supreme court, chuck, or the courts are going to say, you know what, we can't -- this is a dispute between the political branches. you guys work it out. i don't think it's 100% clear w
we are. >> president obama tells barbara walters his bottom line. >> i'm pretty confident that republicans would not hold middle class taxes hostage to try to protect tax cuts for -- >>> terror at the mall, a masked gunman opens fire outside portland, oregon, killing two people in a crowd of holiday shoppers before turning the gun on himself. >> i heard two loud booms. i thought that they were something falling in the mall. i looked again, i glanced to my left, and i seen, like, gunshots shot everywhere, shooting everywhere, people running for their lives. >> i just bolted. there were little kids, families, moms, we told everybody get inside the fitting rooms. >>> north korea fires its first successful long-range missile test. even china is alarmed. >>> jenna bush hager announced on the "today" show they are expecting. george and laura bush call in their congratulations. >> president, mrs. bush, what do you want the grandchild to call you? >> sir. [ laughter ] >> we want to call him poncho. >> jimmy baker's grandkids call him happy. i kind of like the ring of that. >> it m
of a withdrawal from afghanistan as well as intensified sanctions on iran. the obama administration has threatened veto minutes over his authority to handle terrorism suspects. in a separate vote, senate republicans defeated a measure to ratify a landmark concatenations treaty banning discrimination against people with disabilities. the final vote was 61-38. five votes short of the two- thirds majority needed for approval. republicans rejected the measure, saying it would make it easier to obtain abortions and place restrictions on home- schooled children. the rejection came despite the un treaty itself being modeled on a piece of u.s. law, the americans with disabilities act of 1990. 126 countries, including britain, germany, china, and russia, have already ratified the un convention is a person with disabilities. bernard obermeyer of the who noted that the treaty rejected by republicans covers 15% of the world's population. >> people with disabilities make a 15% of the world's population and have worse health and socio- economic outcomes than people without disabilities. across the world, people
about republicans in effect jumping ship, saying it's time to go along with president obama in raising tax rates on the rich to avo avoid the fiscal cliff. erin burnett's been looking into that. she's going in depth on that tonight. what have you found out? >> it seems more and more likely that we're going to end up in a situation where we get a pretty awful deal if we get a deal. there's not going to be a grand bargain, which is a big failure, but are there going to be republicans who are willing to make serious corp. mizs. tom mcclint ok's going to be our guest. we're going put the hard questions to him tonight, plus, wolf, you remember amy copeland, the young woman who went on the bungee jump and got the stitches and had to go back because of the flesh eating bacteria? >> what happened? >> well, she survived and she is our special guest tonight. she was honored with a woman of the year award and her story is pretty incredible. she talks about what she still struggles to do, whether there are still moments in the middle of the night where she feels life isn't fair. >> i'll look forwa
, let me first, this desire for compromise. both sides, republican, democrat, independent, those who voted for president obama, those who voted for governor romney want to see compromise. what they define as an acceptable compromise is very different of this notion they want to see their leadership working together, something that is a strong point of view that is held right now, and that creates some opportunities. as we will talk about, create some complicated waters to navigate. in which is the conflicted priorities issue. the single highest priority on the to do list is the budget deficit and the debt. people talk about his being the problem they want to see a dress. they're very concerned about how that creates an economic environment that puts them at risk. but they immediately move, in terms of taking care of the basics of issues, they didn't do things that have much more mean, much more mean to them and focus around jobs, growth, getting more disposable income into that household. so you see on the one level at the abstract level, debt, deficit, fiscal cliff. there's an immed
on this is about taxes. >> that is true and they note president obama campaigned on upper income americans paying more so they intend to make sure that happens. the house democratic leader says the only obstacle is republicans refusing to ask the top 2% to pay more. >> this is a moment of truth. the clock is ticking. christmas is coming. the goose is getting fat. but in many homes across america, it's very -- very very lean time. >> after talking to reporters leader pelosi went to the white house to meet with the president over what's described as a number of issues. >> shepard: mike, the republicans have insisted from the very beginning that this goes well beyond the tax issue. >> shep, you are right, indeed speaker boehner says taxing high income people does not fix our massive fiscal mess. >> even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion-dollar deficits for as far as as the eye can see. listen. washington has got a spending problem, not a revenue problem. >> and with the debt at $16 trillion and counting, boehner says the governme
until we dive over the fiscal cliff and president obama says we can avoid it. republican says he has a different plan. >> the president doesn't really want to get an agreement or compromise, he wants to get his way. >> what happens if the president does get his way? >> let's go buck wild. move over, jersey shore, mtv is going buck wild on west virginia. one it has one senator calling for it to be canceled before it begins. >>> he made heisman history, the first freshman player to win the prized possession. johnny football joins us live getting up early for us after partying all night after winning the heisman. >>> that will be fun. >> yeah. johnny football. >> a good show for you. >> founder of twitter on the show, we got the heisman trophy winner on the show and we've got mike jarrett. >> the trifecta. >> dave is off, nice to see you, mike. >> good to be here. >> new developments in the royal prank that turned tragic. an investigation may be coming for the radio station behind the call to kate middleton's hospital. british police contacted australian authorities about the hoax. frid
is an issue, and as far as social issues, which i feel passionately about, i do think that obama in his second term has a chance of really making a difference, and i'm sure some issues that the republicans have, these kinds of issues are not as high a priority for them as perhaps they should be. >> last question. climate change. there's still people who believe that's not really -- that doesn't really exist. that this is not man made but something that happens. how do you convince people it's real? >> well, i mean, i'm not a scientist. 95% of scientists, 98% of scientists in the world believe it is a man-made problem, and you simply just got in fragile world and buildup of carbon around the world creating this blanket. every year we pump more carbon in, and that makes the blanket thicker all the time. the world is heating up a little bit all the time. simplistically it seems logical. >> we're going to look at life of a musician who taught the beatles athing or two about music. he died yesterday. we'll look at the cultural impact his music had on the world. all waking up. connecting to the glob
's going on. i'm sure he's frustrated like a lot of conservatives are that president obama was re-elected for another four years and he worked hard to try to help romney get elected, help republicans and it's a source of frustration. a different challenge for him running a major think tank in washington and let's see how he does. >> for the time being it doesn't change the balance of power as the republicans aren't in control of the senate. >> there's a republican governor in south carolina and so she'll name someone in the short-term. i assume that's how it will work. once there's another election, i assume a republican will fill that seat. >> and i know you'll have much more on the fiscal cliff and any developments that hopefully we'll get. we're hoping for something any day. shreds. any shreds that we can get. live starting at 4:00 p.m. eastern. good to see you, wolf. thanks. many of my patients still clean their dentures with toothpaste. but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're about 10 times softer and
those everyone elses out to market his plan or put pressure on republican lawmakers to pass his version of what he sees as the solution to the fiscal cliff. so there is the cliff and there is the chasm and mr. obama, as you know, is standing very firm on the $1.6 trillion in tax hikes. he is offering $400 billion in cuts from the so-called entitlements but also wants to spend $50 billion on infrastructure. mr. boehner, on the other hand, is offering half -- half of what the president's number is on those taxes and not in what you'd say increases. more like closing of loopholes. he also wants much deeper cuts in entitlements and beyond. so we're watching both ends of pennsylvania avenue this hour. we've got dan lothian who is standing pat at the white house to figure out just exactly what the movements are every day. dana bash is on capitol hill. dan, let me start with you. we were just hearing from the president and we were cut off by a nasty satellite. let me talk about these business people and what exactly they can bring to the table because it seems as though he's soliciting them fo
president obama and speaker boehner are to a deal? and from your perspective, is a bad deal better than no deal? >> a bad deal is a bad deal and we shouldn't accept it. republicans have the problem that all of the polls show the vast majority of american people, and people who have done well in america should do well by america and start paying america back. this tax break, even george bush didn't want it to be permanent. somehow, republicans have gotten hung up on this one thing, turning tax law into theology. they can't let it go. it has united the democratic party against them, and now mostly american people are on the debate. we can't talk about spending until we get out of the corner. >> how much of the republican opposition is based on principle, to the raising of taxes on the weltiest is based on principle and how much is based on a fear that they may face a challenge from more conservatives in the party? >> i think it's impossible to know the second one. there are a number of people in potentially vulnerable situations where they have to look over their right shoulder and worry
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